Notes and Study material for Exams
Balance of Payments is a systematic record of all economic transactions undertaken by residents of one country i.e. households, firms and the government with their counterparts in rest of the world. It consists of: 1. Current Account, 2. Capital Account and 3. Reserve Account. The Current Account covers transactions in goods and Services and transfers … Read more
Introduction: There are four main directions – East, West, North and South as shown below: There are four cardinal directions – North-East (N-E), North-West (N-W), South-East (S-E), and South-West (S-W) as shown below: Key points At the time of sunrise if a man stands facing the east, his shadow will be towards west. At the … Read more
INTRODUCTION Among several features of Globalization-3/”>Globalization, one relates to increasing interactions among nations and removal of barriers to facilitate movement of goods, capital, labour and technology. It is a process that renders various activities and aspiration worldwide in scope or application. As a part of this process of increasing integration of the world, many countries … Read more